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Generative sectors and the new historical materialism: Economic ascent and the cumulatively sequential restructuring of the world economy

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Abstract

The causes and consequences of inequality between national economies, the ascent to dominance within the world hierarchy of economies, and the dynamics driving the material intensification and spatial expansion of production and trade in the world economy have long been core questions in a wide range of fields concerned with economic change and development and with international relations. In this article, we propose that one of the fundamental mechanisms driving all three of these processes for at least the last 500 years has been a dynamic tension, or contradiction, between the economies of scale that reduce relative costs and drive national economic ascent to dominance in world production and trade, and the diseconomies of space that result from the increased consumption of raw materials that this expanded production entails. The four most rapid cases of economic ascent in the history of the world economy—Holland, Great Britain, the United States, and Japan—resolved this contradiction in similar ways that drove the ascent of these economies to the top of the system of global stratification.

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Authors
  1. Stephen G. Bunker
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  2. Paul S. Ciccantell
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Additional information

Stephen G. Bunker is professor of sociology at the University of Wisconsin-Madison. His research examines how the world economy is driven by raw materials and transport, including the role of the Brazilian Amazon as a raw-materials periphery and the political economy and ecology of Japanese raw-materials access strategies.

Paul S. Ciccantell is associate professor of sociology at Western Michigan University. His research examines the socioeconomic and environmental impact of raw-materials extraction in Brazil, Canada, Mexico, and Venezuela; the organizational sociology of raw-materials and transport industries; the impacts of the North American Free Trade Agreement; and the political economy and ecology of Japanese raw-materials access strategies.

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Bunker, S.G., Ciccantell, P.S. Generative sectors and the new historical materialism: Economic ascent and the cumulatively sequential restructuring of the world economy. St Comp Int Dev 37, 3–30 (2003). https://doi.org/10.1007/BF02686270

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